https://www.scmp.com/rss/328807/feed Billionaire Richard Liu Qiangdong is the founder and chief executive of Chinese e-commerce giant JD.com. He is married to Zhang Zetian, who rose to online fame in 2009 when a photo of her went viral, gaining her the nickname “sister milk tea”. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com JD.com founder Richard Liu Qiangdong is expected to get HK$2.1 billion (US$272.8 million) in cash with the company’s first cash dividend since going public on the Nasdaq in 2014. The Beijing-based e-commerce giant said on Wednesday that it has approved a special cash dividend of 63 US cents per ordinary share and US$1.26 per American depositary share. In total, dividend payouts will amount to about US$2 billion, the company said. Liu, whose net worth is about US$13.7 billion, holds 433 million... https://www.scmp.com/tech/big-tech/article/3176662/jdcom-founder-richard-liu-get-us273-million-e-commerce-giants-first?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3176662/jdcom-founder-richard-liu-get-us273-million-e-commerce-giants-first?utm_source=rss_feed Fri, 06 May 2022 00:00:21 +0000 Richard Liu Qiangdong, the billionaire founder of China’s e-commerce giant JD.com, said his company will “do the right thing [in] the right way” as the firm celebrates its 18th anniversary and amid increased regulatory scrutiny of the country’s Big Tech sector. In a letter to investors published on Friday, Liu noted the transformation and rapid growth of the company in recent years, which has seen it pull off initial public offerings for its health and logistics units in the past 12 months and... https://www.scmp.com/tech/big-tech/article/3137963/jdcom-founder-richard-liu-trumpets-doing-right-thing-anniversary?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3137963/jdcom-founder-richard-liu-trumpets-doing-right-thing-anniversary?utm_source=rss_feed Fri, 18 Jun 2021 15:00:00 +0000 A number of public WeChat accounts in China have been shut down after calling on people to join a petition in support of a University of Minnesota student who has accused a tech tycoon of rape. The accounts joined a campaign supporting the accuser after she filed a civil lawsuit against Richard Liu, the CEO of US-listed e-commerce giant JD.com, in a Minneapolis court last month. The woman, Jingyao Liu, said that Richard Liu, 46, had groped her in a vehicle and then raped her in her room in... https://www.scmp.com/society/wechat-blocks-petition-supporting-woman-suing-jd-ceo-richard-liu/article/3008407?utm_source=rss_feed https://www.scmp.com/society/wechat-blocks-petition-supporting-woman-suing-jd-ceo-richard-liu/article/3008407?utm_source=rss_feed Wed, 01 May 2019 08:40:14 +0000 If you love your job, you should be happy working from 9am to 9pm, six days a week -- or even longer. So said Jack Ma, whose rags-to-riches story has now become familiar to many, in a recent rallying call to his troops at Alibaba.   (Abacus is a unit of the South China Morning Post, which is owned by Alibaba.) China’s ordinary workers beg to differ. “I’m so angry I want to laugh,” wrote Weibo blogger Su Jianqi in a post that’s drawn more than 58,000 likes. “Boss Ma, sitting high up among the... https://www.scmp.com/big-guns/jack-ma-and-richard-liu-defend-chinas-overtime-work-culture-ordinary-workers-cant-relate/article/3006207?utm_source=rss_feed https://www.scmp.com/big-guns/jack-ma-and-richard-liu-defend-chinas-overtime-work-culture-ordinary-workers-cant-relate/article/3006207?utm_source=rss_feed Mon, 15 Apr 2019 12:30:42 +0000 This article originally appeared on ABACUS If you love your job, you should be happy working from 9am to 9pm, six days a week -- or even longer. So said Jack Ma, whose rags-to-riches story has now become familiar to many, in a recent rallying call to his troops at Alibaba. From failing student to Alibaba founder: The story of Jack Ma (Abacus is a unit of the South China Morning Post, which is owned by Alibaba.) China’s ordinary workers beg to differ. “I’m so angry I want to laugh,” wrote Weibo... https://www.scmp.com/abacus/culture/article/3029283/jack-ma-and-richard-liu-defend-chinas-overtime-work-culture-ordinary?utm_source=rss_feed https://www.scmp.com/abacus/culture/article/3029283/jack-ma-and-richard-liu-defend-chinas-overtime-work-culture-ordinary?utm_source=rss_feed Mon, 15 Apr 2019 12:30:42 +0000 Richard Liu, who runs China’s second-largest online shopping site JD.com, was arrested on Friday on suspicion of rape. The e-commerce entrepreneur is often compared to Jeff Bezos of Amazon, and is estimated to have a net worth exceeding $7 billion. News of his arrest – and his mug shot – have since been widely circulated on Chinese social media. The case has drawn scrutiny to China’s high-flying tech celebrities, who have ridden the country’s rise to become some of the richest, and most... https://www.scmp.com/tech/how-jdcoms-richard-liu-was-arrested-according-police-report/article/2162903?utm_source=rss_feed https://www.scmp.com/tech/how-jdcoms-richard-liu-was-arrested-according-police-report/article/2162903?utm_source=rss_feed Wed, 05 Sep 2018 10:00:15 +0000 Richard Liu, founder of one of China’s biggest tech companies, has returned to his home country after he was arrested in the United States on suspicion of sexual misconduct. Liu, also known as Liu Qiangdong, founded and now runs JD.com, China’s second-largest online shopping site. He was arrested on Friday by Minnesota police on probable cause for criminal sexual conduct, according to arrest records. Liu was released the next day without being charged and has since returned to China. In a... https://www.scmp.com/tech/who-richard-liu-jd-com-founder/article/2162722?utm_source=rss_feed https://www.scmp.com/tech/who-richard-liu-jd-com-founder/article/2162722?utm_source=rss_feed Tue, 04 Sep 2018 10:30:30 +0000 One of China’s richest men has made a public appeal for help to trace his family history, hoping that some of the millions of people who share his surname will be able to shed light on his ancestry. Richard Liu Qiangdong, founder and CEO of online retail giant JD.com, announced he was on a mission to find his family’s origins – at the request of his father – on his Weitoutiao social media account on Tuesday. Liu, who has been dubbed the “Jeff Bezos of China”, said in the post that he wanted to... https://www.scmp.com/news/china/society/article/2126725/chinese-billionaire-richard-liu-makes-public-appeal-help-trace?utm_source=rss_feed https://www.scmp.com/news/china/society/article/2126725/chinese-billionaire-richard-liu-makes-public-appeal-help-trace?utm_source=rss_feed Wed, 03 Jan 2018 13:30:45 +0000 Richard Liu Qiangdong, founder and chairman of Chinese ecommerce platform JD.com, and Internet celebrity Zhang Zetian reportedly tied the knot in Beijing over the weekend, after photos of their marriage certificates emerged online. Liu, in a white shirt, and Zhang, in a white dress, were shown in a photo reading their marriage vows in a civil affairs bureau in Beijing, both smiling happily. Leo Ou Chen, CEO of Jumei.com, congratulated the couple on his Weibo account. Liu’s love affair with Zhang... https://www.scmp.com/news/china/society/article/1847923/chinese-internet-tycoon-liu-qiangdong-ties-knot-sister-milk-tea?utm_source=rss_feed https://www.scmp.com/news/china/society/article/1847923/chinese-internet-tycoon-liu-qiangdong-ties-knot-sister-milk-tea?utm_source=rss_feed Sun, 09 Aug 2015 18:00:00 +0000